PepsiCo (NASDAQ:PEP) Shares Acquired Rep. Bruce Westerman

Representative Bruce Westerman (R-Arkansas) recently bought shares of PepsiCo, Inc. NASDAQ: PEP. In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in PepsiCo stock on March 3rd. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne OTCMKTS: LVMUY on 4/2/2025.
• Purchased $1,001 - $15,000 in shares of Sony Group NYSE: SONY on 3/24/2025.
• Purchased $1,001 - $15,000 in shares of Mitsubishi UFJ Financial Group NYSE: MUFG on 3/21/2025.
• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 3/21/2025.
• Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Medtronic NYSE: MDT on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/20/2025.

PepsiCo Trading Up 1.6 %

Shares of NASDAQ PEP traded up $2.28 during midday trading on Tuesday, hitting $144.01. The company's stock had a trading volume of 1,127,965 shares, compared to its average volume of 6,094,123. PepsiCo, Inc. has a 12-month low of $138.33 and a 12-month high of $183.41. The firm has a market cap of $197.48 billion, a P/E ratio of 20.72, a price-to-earnings-growth ratio of 3.09 and a beta of 0.49. The business's 50 day moving average is $148.12 and its two-hundred day moving average is $154.56. The company has a current ratio of 0.82, a quick ratio of 0.65 and a debt-to-equity ratio of 2.05.

PepsiCo (NASDAQ:PEP - Get Free Report) last issued its earnings results on Tuesday, February 4th. The company reported $1.96 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.02. PepsiCo had a return on equity of 58.87% and a net margin of 10.43%. The business had revenue of $27.78 billion during the quarter, compared to analysts' expectations of $27.89 billion. During the same period in the prior year, the business earned $1.78 EPS. The business's revenue for the quarter was down .2% compared to the same quarter last year. As a group, equities research analysts expect that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 7th were paid a dividend of $1.355 per share. The ex-dividend date was Friday, March 7th. This represents a $5.42 dividend on an annualized basis and a dividend yield of 3.76%. PepsiCo's dividend payout ratio is presently 77.99%.

Analyst Ratings Changes

A number of brokerages recently weighed in on PEP. Barclays cut PepsiCo from an "overweight" rating to an "equal weight" rating and decreased their price objective for the stock from $168.00 to $156.00 in a research note on Tuesday, March 18th. Citigroup lowered their price target on PepsiCo from $195.00 to $170.00 and set a "buy" rating for the company in a research report on Wednesday, February 5th. CICC Research reiterated a "market perform" rating on shares of PepsiCo in a research report on Friday, February 7th. StockNews.com downgraded shares of PepsiCo from a "buy" rating to a "hold" rating in a report on Thursday, February 6th. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on shares of PepsiCo from $184.00 to $178.00 and set a "buy" rating for the company in a report on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $167.24.

Institutional Investors Weigh In On PepsiCo

Hedge funds have recently modified their holdings of the business. Suncoast Equity Management boosted its holdings in shares of PepsiCo by 1.2% during the 1st quarter. Suncoast Equity Management now owns 15,341 shares of the company's stock worth $2,300,000 after purchasing an additional 187 shares during the last quarter. Weaver Capital Management LLC lifted its holdings in shares of PepsiCo by 4.0% in the 1st quarter. Weaver Capital Management LLC now owns 7,532 shares of the company's stock worth $1,129,000 after acquiring an additional 291 shares during the last quarter. Marietta Wealth Management LLC boosted its position in shares of PepsiCo by 19.5% during the 1st quarter. Marietta Wealth Management LLC now owns 57,275 shares of the company's stock worth $8,588,000 after purchasing an additional 9,335 shares during the period. GAM Holding AG raised its position in PepsiCo by 62.3% in the first quarter. GAM Holding AG now owns 11,413 shares of the company's stock valued at $1,711,000 after purchasing an additional 4,383 shares during the period. Finally, Stonegate Investment Group LLC grew its stake in shares of PepsiCo by 5.1% in the first quarter. Stonegate Investment Group LLC now owns 27,106 shares of the company's stock valued at $4,064,000 after buying an additional 1,321 shares in the last quarter. 73.07% of the stock is currently owned by institutional investors and hedge funds.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

PepsiCo Company Profile

PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.